Frozen fruits and vegetables priced at $20 in 2001 $33.18 in 2024

Frozen Fruits And Vegetables Inflation Calculator

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Prices for Frozen Fruits And Vegetables, 2001-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices for frozen fruits and vegetables are 65.88% higher in 2024 versus 2001 (a $13.18 difference in value).

Between 2001 and 2024: Frozen fruits and vegetables experienced an average inflation rate of 2.22% per year. This rate of change indicates significant inflation. In other words, frozen fruits and vegetables costing $20 in the year 2001 would cost $33.18 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation for frozen fruits and vegetables was lower.

In the year 2001: Pricing changed by 5%, which is above the average yearly change for frozen fruits and vegetables during the 2001-2024 time period. Compared to inflation for all items in 2001 (2.83%), inflation for frozen fruits and vegetables was higher.

Price Inflation for Frozen fruits and vegetables since 1997

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (10.64%), 2023 (10.48%), and 2008 (5.89%).

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Buying power of $20.00 since 2001

Below are calculations of equivalent buying power for Frozen fruits and vegetables, over time, for $20 beginning in 2001. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2001$20.005.00%
2002$20.643.22%
2003$20.830.92%
2004$21.231.92%
2005$21.461.05%
2006$22.113.03%
2007$22.813.18%
2008$24.155.89%
2009$25.053.69%
2010$24.51-2.12%
2011$25.483.93%
2012$26.564.26%
2013$26.32-0.91%
2014$26.00-1.20%
2015$26.190.72%
2016$26.320.48%
2017$26.330.07%
2018$25.79-2.07%
2019$25.50-1.11%
2020$26.584.24%
2021$27.212.35%
2022$30.1010.64%
2023$33.2610.48%
2024$33.18-0.25%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Frozen fruits and vegetables:

Year1997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI100.000102.608104.954107.515112.892116.523117.600119.862121.115124.785128.753136.335141.370138.378143.812149.939148.576146.787147.839148.549148.651145.574143.954150.061153.587169.926187.730187.263

Adjust frozen fruits and vegetables prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 2001 * 2001 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Frozen fruits and vegetables was 112.892 in the year 2001 and 187.263 in 2024:

187.263 / 112.892 * $20 = $33.18

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2001 has the same "purchasing power" as $33.18 in 2024 (in the CPI category of Frozen fruits and vegetables).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Frozen fruits and vegetables in 1997. In addition to frozen fruits and vegetables, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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